{"id":4631,"date":"2018-02-28T06:12:01","date_gmt":"2018-02-28T06:12:01","guid":{"rendered":"http:\/\/en.azpar.com\/?p=4631"},"modified":"2018-03-01T08:22:36","modified_gmt":"2018-03-01T08:22:36","slug":"20-5-islamic-treasury-bills-comes-to-iran-fara-bourse","status":"publish","type":"post","link":"https:\/\/en.azpar.com\/?p=4631","title":{"rendered":"20.5% Islamic Treasury Bills comes to Iran Fara Bourse!"},"content":{"rendered":"

Market News<\/strong><\/h2>\n

\u2013 In order to maintain the current calm situation of the\u00a0FX market, a new wave of\u00a0Islamic Treasury Bills\u00a0with a nominal yield of 20.5% will be issued on\u00a0Iran Fara Bourse\u00a0from Saturday, Mar 10, 2018.\u201d Said Nobakht the Spokesperson of the Government of Iran. President Rohani\u2019s administration tried hard to leash USD\/IRR before by introducing the\u00a0CBI rescue package.<\/span><\/p>\n

\u2013\u00a0Iran SME market\u00a0is to host two newcomers soon. After the admission of\u00a0Ekbatan Gas company, the ticker of MDATCO steel Co. is now listed on\u00a0Iran Fara Bourse SME market\u00a0board waiting for the final steps of its\u00a0IPO. Being the 8th listing of Iran SME market the MSCS1 will be named under the metal sector.<\/p>\n

\u2013 On the 7th\u00a0conference<\/a>\u00a0on Monetary Policies and Challenges Ahead\u00a0Iran Banking Sector\u00a0and Production held on Tuesday, the high probability of the\u00a0inflation rate\u00a0entrance into the\u00a02-digit\u00a0zone in the next Persian calendar year was also discussed, mostly after the Iran Central Bank released statistics on the PPI and CPI for Bahman month (Jan-Feb).<\/p>\n

\u2013 The Head of Majlis announced the complete organization of\u00a0un-supervised financial institutions\u00a0in the first half of the next year. He also stated that the Economic Commission of Majlis is to overhaul the CBI supervisory structure to enable this regulatory body to prevent the formations of such institutions in the first place.<\/p>\n

\u2013 Following the meeting between representatives from Iran-Russia Chamber of Commerce (IRCC) with\u00a0Mir Business Bank\u00a0to discuss ways to expand business and banking ties between the two countries, the formation of a joint commission was planned to identify and remove barriers ahead.<\/p>\n

In the Market<\/strong><\/h2>\n

Equities dropped on today\u2019s session, giving back all of their previous gains, as uncertainties for Iranian Economy future raised more than ever. TEDPIX tumbled 0.14%, while IFEX managed to hold to its ground and ended the day with a narrow gain (+0.04%).<\/p>\n

The news on the upcoming visit to be paid by French foreign minister on March 5th caused positive movements in the\u00a0Automotive<\/strong>\u00a0space, leaving Zamyad, Mashhad Wheel Mfg. and Indamin Shock Absorber with buy queues.<\/p>\n

Nearly all names in the\u00a0Other Financial Intermediaries<\/strong>\u00a0space were highly demanded in line with the positive sentiment seen in the Auto sector; Iranian Leasing (LIRZ1) faced a buy queue after news on its block trade on March 14th<\/sup>\u00a0broke out; being in possession of 26% of LIRZ1, Iran Khodro Employees Corporation, will offer 19.2% of its shares, equal to 192,271,000 shares, at IRR 2653 as the base price; the ticker, however, was halted after going up by 20% in 4 consecutive sessions.<\/p>\n

The\u00a0Rubber and Plastic<\/strong>\u00a0industry saw a demand rise following the news on domestically produces tire price increase due to the growth of duties on tire import in the next Persian calendar year. Iran Tire and Sahand Tire Industries gained more than 4% in the last trades.<\/p>\n

Finally,\u00a0Food & Beverages<\/strong>\u00a0and\u00a0Chemicals<\/strong>\u00a0industries witnessed positive movements while the\u00a0Oil Products<\/strong>\u00a0ended beneath their flat lines.<\/p>\n

\"Iran<\/a><\/p>\n

\"Iran<\/a><\/p>\n

\"Iran<\/a>\"Iran<\/a><\/p>\n

Source:<\/p>\n

2018, 20.5% Islamic Treasury Bills comes to Iran Fara Bourse!, Wednesday, February 28, p.1,<https:\/\/agahgroup.com<\/a><\/em>><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Market News \u2013 In order to maintain the current calm situation of the\u00a0FX market, a new wave of\u00a0Islamic Treasury Bills\u00a0with a nominal yield of 20.5% will be issued on\u00a0Iran Fara Bourse\u00a0from Saturday, Mar 10, 2018.\u201d Said Nobakht the Spokesperson of the Government of Iran. President Rohani\u2019s administration tried hard to leash USD\/IRR before by introducing […]<\/p>\n","protected":false},"author":1,"featured_media":4635,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,28,31,1],"tags":[],"class_list":["post-4631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-news","category-news-events","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/4631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4631"}],"version-history":[{"count":4,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/4631\/revisions"}],"predecessor-version":[{"id":4642,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/4631\/revisions\/4642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/media\/4635"}],"wp:attachment":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}